"There are three people you need in life: an accountant, a fish monger and a bail bondsman."

Celebrity Chef Guy Fieri

Hello, and welcome to my website.

Call me Mike.

I'm a Certified Public Accountant with broad experience in business taxation, finance and management. I also serve many clients who need only individual tax return preparation. Over the last several years, I've developed a long roster of same sex couples as tax clients as well. Of course, same sex couple taxation has changed dramatically over the last decade. The marriage wars are over. We won. However, there are still plenty of tax issues for couples of many persuasions who are either married, Registered Domestic Partners, or just plain living together.

Perhaps you've heard our spots on KNEWS Radio, FM 94.3 and 970 on the AM dial in the Coachella Valley. We started advertising with them, originally as a sponsor of the Bill Feingold Show, which we still sponsor, back during the depths of the recession. I intermittently appear on the station as a tax and business advisor, or when there's breaking news regarding taxes. Yes, there can be breaking news regarding taxes.

My CPA practice is a barometer of the local economy. We serve a number of businesses incorporated as either S Corporations, C Corporations, Schedule C's (self-employed reporting on the 1040 form), or as LLC's or partnerships. We also prepare individual tax returns for retirees, W-2'd employees and high net worth individuals. Of course, no CPA's client roster is complete without a few trusts and Not for Profit entities.

Here's the good news: the regional economy continues to improve. The Coachella Valley Economic Partnership reports the same thing. From Palm Springs to Indio, most businesses are doing better. Some are doing much better. The recession is over in the Coachella Valley and it's time to make money again. More and more of my long term clients and new clients are facing new concerns. They are no longer worried about surviving until the desperation is over. They're thinking about how to maximize profit margins and minimize tax rates. They're thinking about improving the financial metrics of their business.

I love this kind of work.

This is a great time to be an entrepreneur in the Coachella Valley.

Of course, business owners still need to be smart. A "Field of Dreams" business model will not work. If you build it, they won't necessarily come. Entrepreneurs still need to be smart and have smart professionals in their arsenal.

Like a good CPA.

Of course, not everyone's an entrepreneur. My firm serves a large number of individuals as well. I value my individual clients as much as my business clients, even those who do not have big tax returns.

Despite the Supreme Court having overturned most of DOMA, same sex couple taxation can still be a different animal from what most heterosexual couples deal with. Registered Domestic Partners still have great Federal tax options. They can still allocate income between the two spouses. In many instances Registered Domestic Partners continue to have better Federal tax treatment than married couples.

Of course, now that we're post-DOMA, we now have gay divorce and all the dissolution issues that come with it. Just like everyone else.

My CPA practice was built based on the belief that high quality accounting and tax services, using state-of-the-art software, doesn't have to cost a fortune. We have set up dozens of our business clients to use QuickBooks to accurately manage their own accounting, allowing them accurate and timely financial information about their businesses at minimum cost.

I care deeply about the tax strategy and profitability of my clients. My success is dependent upon your success. Pursuant to that goal, I prefer meeting face-to-face with clients for individual tax return preparation, and working on the tax return "live" during the interview, at least for the first few years. This allows the client to understand how certain transactions affect their taxes. It also makes the process more thorough, and more efficient, thus less expensive.

I offer a full range of tax services and bill my clients at a competitive hourly rate, not by schedules on the return or by using "value billing." Billing clients by the schedule or using "value billing," a practice employed by some of my competitors, results in padded invoices and can add hundreds of dollars to the cost of preparing your tax returns, and sometimes more.

Whether you're a corporation, partnership, LLC, LLP, or an individual with a complex return, I'd like to help minimize your taxes at a fair price.

And if you're a small business, perhaps you need a little help getting your finances on track. In my career I've helped build companies from scratch and helped steward many more through turnaround. While having a full-time finance professional on staff is a waste of money for most small businesses, well targeted consulting from an experienced financial manager who understands your business can be extremely beneficial. Many in my profession are talking about "part-time Chief Financial Officer services," especially in these days as we recover from tough economic times. The idea of putting your CPA on a monthly retainer as part-time CFO is a sly way for some CPA's to increase revenues. I offer part-time CFO services on an as-needed basis, which is consistently less expensive than bloated monthly retainers.

I invite you to take a look around my website and learn more about my practice. If you´re looking for a smart CPA who bills their clients fairly, don´t take my word for it, visit my client testimonials page. Then give me a call and let´s talk.

Interested in learning more? Contact me.


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Phone: 760-341-3904                  e-mail:



mike@mcgcpa.com Michael E. McGinnis 71-780 San Jacinto Drive, Suite H2 Rancho Mirage, CA 92270 Phone (760) 341-5528 Fax (760) 341-5528